BFA-Bankia Group sold a stake in Indra Corporation for 337 million euros

BFA-Bankia Banking group concluded with the state holding company SEPI agreement to sell its 20.14% stake in the international corporation Indra (the acquisition price is 337 million euros).

In a document sent to the National Securities Commission, Bankia reports that SEPI has sold just over 33 million shares of Indra at a price of 10,194 euros. At the close of trading on the stock exchange price of the shares Indra was 10.45 euros (up 1.46%).

In an official statement, SEPI explains that the transaction was conducted as part of the restructuring plan of BFA-Bankia for 2012-2017 concerning the non-strategic assets, which was made up by the European Commission, Spain and the Bank.

According to the National Securities Commission, until now the major shareholder of Indra was a group of BFA-Bankia, which owned 20.12%. Fidelity American company controls about 16% of the shares, the financial fund Alba – 11,32%, the company Casa Grande de Cartagena – 5,01% and Liberbank – 5,01%.